SlideShare a Scribd company logo
Corporates are
from Mars,
Startups are from
Venus
Keren Levy
November 2018
1
Hello!
I am Keren Levy
And you?
2
I Work for a Multi-national Corporate
And we want to revolutionize our industry
3
3
Corporates
- Complex
- Bureaucratic
- ‘Safe-Mode’
It’s Complicated.
Startups
- Simple
- Quick
- ‘Hunger-Mode’
4
Source: https://integrative-innovation.net/?p=1493
5
Financial Return
Image Enhancement
Market/ Customer
Access
New Product &
Technology
Process Improvement
Talent Recruitment
Cultural Refresh
Short Time-to-Impact Long
One-Off
Events
Corp -
Up M&A
Accelerators
& Incubators
Corporate
Venture
Capital
Innovation Models – Fulfil Different Objectives
!
Types of Corp-Ups
6Source: Nesta; https://integrative-innovation.net/?p=1493
Startups supplies
products and/or
services to the
corporate
(e.g: Appsflyer)
Procurement
Marketing/
Distribution
Partnerships
Joint marketing
campaign/ Corporate
distributes the
startup’s product or
service
(e.g MobileEye)
Licence
Agreement
Corporate licenses
the startup’s
IP/technology or
vise-versa
(e.g Roojoom)
Joint
Development
Shared resources
arrangements (labour,
intellectual property, capital
or other assests) with no
new legal entity
(e.g WeWork & Microsoft)
Joint
Venture
Joint contribution or
labour intellectual
property, capital or
other assests into a
new legal entity
(e.g Virgin & Strauss)
Increasing Integration
7
5 Moves
for a Successful First-Date
9
10
1. Do Some
Background Check.
- Who are you meeting? (decision maker vs.
expert?)
- What is the company doing?
- What is the value that you can contribute?
- Which potential use-cases are relevant to this
company?
1111
2. First Listen.
Then Talk.
- Understand the corporate needs and
challenges
- Ask questions
- Rephrase their needs to show understanding
and keep focused
- Avoid loosing your audience
1212
3. Less Is More.
- Don’t overload your intro deck with too
much information.
- Target the right info to the right
audience
It is all about personalization.
4. Share Your Experience.
- Help the listener to envision the
potential use-case with examples
- Demonstrate key qualities of your
company through examples
It is all about storytelling.
13
5. Keep In Touch.
- Summarize key actions and open topics
- Think ahead – plan the next meeting/call
- Don’t force it
- Ask for honesty
- Send updates and news
14
5 Moves
for a Successful First-Date
15
1.
Do some
background check
2.
First listen. Then
talk. 3.
Less is more.
4.
Share your experience.
5.
Keep in touch.
Corporate Innovation
Insights & Tips
17
1. It Has to be a One-men Show
- Fight innovation proliferation
- Consolidate all under one team
- Create an open communication culture
- Consolidate a proper Governance Board
18
2. Create Innovators,
Not Innovations
- Continuous involvement of leaders
- Innovation KPI’s
- SMT evangelism of innovation agenda
- Persistence of Innovation
teams
- Free up people’s time
- As many pilots as possible
3. Detect a Sense of Urgency
- Smaller project are winning
in agility and passion
- Run small pilots and tests
4. Innovate Small to Conquer Big
21
5. Trial & Error
- Experiment mode
- Embrace failures
- & Share them
- Measurement is KEY
- A pilot has to be planned to succeed
6. Innovating is Addicting
- Create a movement
- Endorse innovators
Tools & Reading
Materials
Empathy Tools
2525
Bio Structure
28
Map the
Stakeholders
29
Corporate
Innovation
31
Thank you.
Let’s keep in touch:
1keren.levy@gmail.com
www.linkedin.com/in/1keren

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20181121 corporates are from Mars startups are from Venus Czech republic

  • 1. Corporates are from Mars, Startups are from Venus Keren Levy November 2018 1
  • 2. Hello! I am Keren Levy And you? 2
  • 3. I Work for a Multi-national Corporate And we want to revolutionize our industry 3 3
  • 4. Corporates - Complex - Bureaucratic - ‘Safe-Mode’ It’s Complicated. Startups - Simple - Quick - ‘Hunger-Mode’ 4
  • 5. Source: https://integrative-innovation.net/?p=1493 5 Financial Return Image Enhancement Market/ Customer Access New Product & Technology Process Improvement Talent Recruitment Cultural Refresh Short Time-to-Impact Long One-Off Events Corp - Up M&A Accelerators & Incubators Corporate Venture Capital Innovation Models – Fulfil Different Objectives !
  • 6. Types of Corp-Ups 6Source: Nesta; https://integrative-innovation.net/?p=1493 Startups supplies products and/or services to the corporate (e.g: Appsflyer) Procurement Marketing/ Distribution Partnerships Joint marketing campaign/ Corporate distributes the startup’s product or service (e.g MobileEye) Licence Agreement Corporate licenses the startup’s IP/technology or vise-versa (e.g Roojoom) Joint Development Shared resources arrangements (labour, intellectual property, capital or other assests) with no new legal entity (e.g WeWork & Microsoft) Joint Venture Joint contribution or labour intellectual property, capital or other assests into a new legal entity (e.g Virgin & Strauss) Increasing Integration
  • 7. 7
  • 8. 5 Moves for a Successful First-Date 9
  • 9. 10 1. Do Some Background Check. - Who are you meeting? (decision maker vs. expert?) - What is the company doing? - What is the value that you can contribute? - Which potential use-cases are relevant to this company?
  • 10. 1111 2. First Listen. Then Talk. - Understand the corporate needs and challenges - Ask questions - Rephrase their needs to show understanding and keep focused - Avoid loosing your audience
  • 11. 1212 3. Less Is More. - Don’t overload your intro deck with too much information. - Target the right info to the right audience It is all about personalization.
  • 12. 4. Share Your Experience. - Help the listener to envision the potential use-case with examples - Demonstrate key qualities of your company through examples It is all about storytelling. 13
  • 13. 5. Keep In Touch. - Summarize key actions and open topics - Think ahead – plan the next meeting/call - Don’t force it - Ask for honesty - Send updates and news 14
  • 14. 5 Moves for a Successful First-Date 15 1. Do some background check 2. First listen. Then talk. 3. Less is more. 4. Share your experience. 5. Keep in touch.
  • 16. 17 1. It Has to be a One-men Show - Fight innovation proliferation - Consolidate all under one team - Create an open communication culture - Consolidate a proper Governance Board
  • 17. 18 2. Create Innovators, Not Innovations - Continuous involvement of leaders - Innovation KPI’s - SMT evangelism of innovation agenda
  • 18. - Persistence of Innovation teams - Free up people’s time - As many pilots as possible 3. Detect a Sense of Urgency
  • 19. - Smaller project are winning in agility and passion - Run small pilots and tests 4. Innovate Small to Conquer Big
  • 20. 21 5. Trial & Error - Experiment mode - Embrace failures - & Share them - Measurement is KEY - A pilot has to be planned to succeed
  • 21. 6. Innovating is Addicting - Create a movement - Endorse innovators
  • 27. 31 Thank you. Let’s keep in touch: 1keren.levy@gmail.com www.linkedin.com/in/1keren